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Corpo Syllabus

This document lists and summarizes various provisions from the Philippine Corporation Code relating to incorporation and corporate powers. It discusses sections of the Code covering the purpose clause, corporate term, principal place of business, minimum capital stock requirements, grounds for disapproval of articles of incorporation, registration and issuance of certificate of incorporation. It also summarizes provisions relating to bylaws, amendments to articles of incorporation, defective incorporation, de facto corporations, and corporate powers including the power to sue, declare dividends, acquire own shares, and invest corporate funds.

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Gelle Baligod
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52 views3 pages

Corpo Syllabus

This document lists and summarizes various provisions from the Philippine Corporation Code relating to incorporation and corporate powers. It discusses sections of the Code covering the purpose clause, corporate term, principal place of business, minimum capital stock requirements, grounds for disapproval of articles of incorporation, registration and issuance of certificate of incorporation. It also summarizes provisions relating to bylaws, amendments to articles of incorporation, defective incorporation, de facto corporations, and corporate powers including the power to sue, declare dividends, acquire own shares, and invest corporate funds.

Uploaded by

Gelle Baligod
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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11 January 2014 d. Purpose Clause Secs. 14 (2), 42 & 88, Corp. Code Gala v. Ellice Agro-Industrial Corp.

, 418 SCRA 431 (2003) e. Corporate Term Sec. 11, Corp. Code Alhambra Cigar v. SEC, 24 SCRA 26 (1 68) NHA v. CA, 4!6 SCRA 1" (200!) #. Pr$%c$pal Place o# &us$%ess Sec. !1, Corp. Code S'C (emo C$r )o. 3 ser$es o# 2006 S'C (emo C$r )o. 3 ser$es o# 200 Clavecilla Radio Systems v. Antillon, 1 SCRA 3" (1 6") Hyatt Elevators v. Goldstar Elevators, 4"3 SCRA "0! (200!) *. ($%$mum Cap$tal Stoc+ a%d Su,scr$pt$o% Re-u$reme%ts Secs. 12.13, 62 & 13", Corp. Code /. 0rou%ds #or 1$sappro2al Sec. 1", Corp. Code $. Re*$strat$o% a%d 3ssua%ce o# Cert$#$cate o# 3%corporat$o% Secs. 2 & 1 , Corp. Code

Republic lanters !an" v. CA and Canlas, 0.R. )o. 30"3, 21 1ecem,er 1 2

!. &5.6a7s a. )ature a%d 8u%ct$o%s o# &5. 6a7s Sec. 36, Corp. Code Go"ong#ei v. SEC, 8 SCRA 33" (1 " ) ena v. CA, 1 3 SCRA "1" (1 1) San $iguel Corp. v.$andaue ac"ing roducts lant %nion&&', 46" SCRA 10" (200!) ,. Re-u$s$tes o# 9al$d &5.6a7s Sec. ", Corp. Code Grace Christian High School v. CA, 281 SCRA 133 (1 ") c. &$%d$%* '##ects China !an"ing Corp. v. CA, 2"0 SCRA !03 (1 ") $I Colleges v. N(RC, 2"" SCRA 462 (1 ") d. Procedure #or Adopt$o% o# &5. 6a7s Sec. 46, Corp. Code (oyola Grand )illas Homeo#ners v. CA, 2"6 SCRA 681 (1 ") e. Ame%dme%t or Re2$s$o% Sec. 48

4.

Ame%dme%ts to t/e Art$cles o# 3%corporat$o% Sec. 16, Corp. Code

Sala*ranca v. hilamli*e + amplona, )illage Homeo#ners, 300 SCRA 46 (1 8) 6. 1e#ect$2e 3%corporat$o%

Sec. 38, Corp. Code a. 1e 8acto Corporat$o% Sec. 20, Corp. Code Arnold Hall v. iccio, 86 P/$l 634 (1 !0) Sa#ad-aan v. CA, 4! SCRA !16 (200!) ,. Corporat$o% ,5 'stoppel Sec. 21, Corp. Code Salvatierra v. Garlitos, 103 P/$l. "!" (1 !8) Albert v. %niversity ublishing Co., 13 SCRA 84 (1 6!) Int.l E/press 0ravel v. CA, 343 SCRA 6"4 (2000) (im 0ong (im v. hilippine &ishing Gear Industries1 Inc., 31" SCRA "28 (1 ) '. Corporate Po7ers 1. 0e%eral Po7ers, T/eor5 o# 0e%eral Capac$t5 Secs. 36 & 4!, Corp. Code Sec. 42, Corp. Code Salvatierra v. $on*ort III1 0.R. )os. 1!2!42 & 1!!4"2, 8 :ul5 2004 Sy v. Secretary o* 2ustice, 0.R. )o. 1"1!" , 14 )o2em,er 2012 2. Spec$#$c Po7ers, T/eor5 o# Spec$#$c Capac$t5 a. Po7er to sue a%d ,e sued Sec. 36 (1), Corp. Code !S Savings !an" v. Sia, 0.R. )o. 131214, 2" :ul5 2000 ,. Po7er to ';te%d or S/orte% Corporate Term $. Secs. 3" & 81(1), Corp. Code c. Po7er to 3%crease or 1ecrease Cap$tal Stoc+ or 3%cur, Create, 3%crease &o%ded 3%de,ted%ess Sec. 43, Corp. Code S'C (emo C$r )o. 11 ser$es o# 200 Nielson 3 Co. v. (epanto Consolidated $ining Co., 26 SCRA !40 (1 68) Po7er to '%ter $%to (a%a*eme%t Co%tracts Sec. 44, Corp Code Rica*ort v. $oya, 1 ! SCRA 24" (1 1) 6e la Rama v. $a-ao Sugar Central Co., 2" SCRA 24" (1 6 ) Republic v. Su% 6$#e, 0.R. )o. 1!808!, 14 <cto,er 200! /. Po7er to 1eclare 1$2$de%ds Calte/ + hils, Inc. v. N5C Shipping and 0ransport Corp. 4 8 SCRA 400 (2006) $!0C v. Centro 6ev. Corp., 0.R. )o. 180 "4, 13 :u%e 2012 e. Po7er to 1e%5 Pre.'mpt$2e R$*/ts Sec. 3 , Corp. Code #. Po7er to Ac-u$re <7% S/ares Secs. 41 & 8, Corp. Code *. Po7er to 3%2est Corporate 8u%ds $% A%ot/er Corporat$o% or &us$%ess Central 0e/tile $ills1 Inc. v. N' C, 260 SCRA 368 (1 6) $adrigal 3 Co.1 v. 4amora, 1!1 SCRA 3!! (1 8") d. Po7er to Sell or 1$spose o# Corporate Assets Sec. 40, Corp. Code

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